The Chop - Potential Double Top before major pullback.
There is no way we keep going for too much longer with out a major pullback and consolidation.
I believe we are already overextended by at least 15%
However... markets can do the impossible so always expect the expected and be OK with being wrong.
I believe we are already overextended by at least 15%
However... markets can do the impossible so always expect the expected and be OK with being wrong.
Note
Still continues to behave as if the buyers are in control.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.